Goldman built its skyscraper by recommending one thing and doing exactly the opposite. So, beware of their recommendations. That of course does not mean they they are always wrong. Often times when they are right it is because they manipulate the market, which is easy given their size.

Hm...I have been considering SAN for a while. But your statement above regarding the integrity of management gives me pause. In my opinion and experience as far as management is concerned integrity is more important than competence. So, I will probably avoid this stock. Thanks for the write-up and your response to comments.

Except, most gold miners have no "P" at all due to the low gold price, and that FNV has a P/E of 69 and RGLD a P/E of 61....So, a P/E of 30 would look pretty good for anyone who is aware of what is going on in this sector.

As an ex Fisher investor my experience was vastly different. During the 10 years when they managed some of our investments Fisher NEVER exceeded its self chosen benchmark, the MSCI. They sent me a plot plotting my portfolio value against the MSCI every quarter and the two graphs NEVER crossed during the 10 years. My experience with Fisher was that he is a good talker and sales man but a rather poor investor/stock picker. His father was very different. Fisher Investments today still lives on Philip Fisher's reputation and legacy.

dranoc111: Medicare is the most efficient health insurance system we have in the US with 4% overhead. Furthermore it pays less for every procedure than private health insurance does (except for medication, thanks to congress legally preventing them to negotiate prices with the pharma industry). Have you ever tried to negotiate fees or prices with a doctor or hospital?? It is impossible for the most part. In some elective cases, like negotiating the price of a delivery in advance with a hospital) it is possible (my daughter did it the second time). But, in general when you go to a hospital you just sign the paper that you will pay everything that your health insurance does not cover. There is no negotiation or ifs and buts, especially if it is an emergency.

Bret: "the doctors" in the US "ordered" millions of people to take unnecessary medications (and then medications to suppress the side effects of those unnecessary medications) to enrich themselves, the drug companies and the heath insurance commentaries. This is what you think we need? The fact is that our non-competitive private health insurance and health care system is not working and is broken, hence it has to be fixed. What is your solution to fix it? Privatizing and deregulating it even more? What rational fact supported reason could you offer that it would work? On the other hand the European/Candian system works. It provides care, delivers better results on average and controls cost. Intelligent people are willing to look at what other people are doing and learn from it.

Bret: Tort reform is a long time Republican mantra. I am not defending lawyers who charge exorbitant fees. However, the kind of tort reform you advocate would eliminate the availability for people of average means to challenge large corporations that harmed them. There is that kind of legal system in Europe and I thought you on the right believe that everything in "socialist" Europe is bad. Furthermore, why would the high fees charged by some lawyers justify the fraudulent overcharging ways of the health care mafia?